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What Is KPI in Property Management?

BetterWho

In this guide, well walk through the most important KPIs, why they matter, and how a property management coach or consultant can help you implement them effectively. KPIs Give You: Clarity on performance across departments (leasing, maintenance, accounting, etc.) Days on Market How long it takes to fill a vacant unit.

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How to find the best rental property accounting software for landlords

Buildium

Rental property accounting software offers landlords a practical way to handle these financial tasks. Whether you own a single rental unit or a large portfolio of properties, accounting software can help you manage your finances more effectively, reducing the stress associated with manual record-keeping.

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How to Keep Your Tenants Safe

American Apartment Owners Association

In other words, the landlord has followed the local building or housing codes and ordinances which address the structural integrity of the rental unit along with the tenants health and safety. This implied warranty also covers the maintenance of all common areas, such as the buildings entryway, staircases and laundry rooms.

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What Is Phrogging in Real Estate?

Bay Property Management Group

Its more common than you might think and can happen even in vacant rental units. Sometimes, it even happens in rental units that are sitting empty between tenants. As such, it’s crucial to review your policy and consult your provider to understand how they handle these situations.

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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

Whether you have on-site maintenance teams or work with third-party vendors, review procedures to ensure tools, supplies, and adequate staff members are available to respond to every situation. Also, consider extending leasing agents’ hours during peak rental season — the extra investment can really pay off in leads.

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Top 5 Mistakes New Landlords Make and How to Avoid Them

Real Property Management Evertrust

Failing to Properly Screen Tenants The Mistake: Many new landlords are so eager to fill their rental units that they skip or rush through tenant screening. Underestimating the Costs of Maintenance The Mistake: Some new landlords think the rent they collect is pure profit, forgetting to budget for inevitable repairs and maintenance.

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Meet the Experts: AAOA Rental Housing Conference 2024 Speaker Lineup

American Apartment Owners Association

Scott Varney Tax Strategist, SV Consultants Scott Varneys unique perspective combines his experience as a top-producing real estate agent with his deep understanding of financial services. She’s not just a debt provider; she’s a strategic consultant. Tracey Merrell, Esq.,